Condominium acheter à Van Ness, Californie

Incredible investment opportunity with massive upside potential! Rare & attractive mixed-use, two-story brick building, with a total of 17 units, comprised of 10 studio apartments and 7 front retail/ commercial spaces below. Current cap at 5.84 % & 12.95 GRM, with projected 7.07 % cap and 10.19 GRM. Building is very low maintenance, & well maintained. Upgrades include: ALL copper plumbing, upgraded electrical, new water heater, fully retrofitted, all commercial tenants separately metered and are on month-to-month leases. 1/3 of the apartments are Section 8, which provides owner with guaranteed income. Property is in a rapidly gentrifying area, close to metro line and many new developments. Phenomenal opportunity to provide investors with a stable return, and long-term appreciation potential. MLS® ID: 22212939 Listed: 11/2/22 Updated: 11/9/22 Interior Features Kitchen Appliances: Refrigerator Total Bedrooms: 10 Total Bathrooms: 10 Heating: Wall Furnace Exterior/Building Features Lot Size: 6,524 ft2 lot Roof: Composition, Rolled/Hot Mop Other Property Details Area Name: PHHT - Park Hills Heights Garage: No Parking: None View: N County: Los Angeles Pool: No Total Stories: 2 Zoning: LAC2 Courtesy of Californian Estates, Catherine Berken, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 11/9/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.